Canadians for Tax Fairness

Snow-Washing: Canada is the New Tax Haven

maya.bhullar — Sun, 29 Jan 2017 19:46:03 +0000

Snow-Washing: Canada is the New Tax Haven

Tax advisers around the world are touting shell companies in Canada to help mask a client's assets and business dealings.

Groups across the world are coming together to stop global tax dodgers

maya.bhullar — Tue, 29 Nov 2016 18:52:37 +0000

Transparency, Global Standards Key to Tax Dodge Fight

National civil society groups have joined Canadians for Tax Fairness, and joined international efforts, to step up its fight against the global tax avoidance epidemic by pushing for strong UN action.

Canada can learn from EU's Apple tax ruling

dmolenhuis — Thu, 01 Sep 2016 15:23:25 +0000

Canada can learn from EU's Apple tax ruling

Apple has more than $215 billion in profits stashed offshore. Some of that money was made in Canada.

What's happened with the panama papers?

dmolenhuis — Fri, 12 Aug 2016 15:02:50 +0000

What's happened with the panama papers?

Canada's Revenue Minister promised to use the leaked documents to launch audits and go after possible tax cheats. So, has anything changed?

How to become a billionaire and avoid paying taxes

dmolenhuis — Fri, 29 Jul 2016 15:24:42 +0000

How to become a billionaire and avoid paying taxes

Jeff Bezos isn't just the owner of Amazon. He also owns the Washington Post, he's worth $50 billion, he even advises the Pentagon. But according to the IRS he owes $1.5 billion in unpaid taxes.

Why does a Canadian company pay its taxes to Switzerland?

dmolenhuis — Fri, 10 Jun 2016 13:42:59 +0000

Why does a Canadian company pay its taxes to Switzerland?

Cameco is a multi-billion dollar Canadian company. They mine Canadian uranium. But they only pay 10% corporate taxes in Zug, Switzerland. Sign the petition and demand Cameco pay up.

The CRA fails test on records management

dmolenhuis — Thu, 02 Jun 2016 12:04:53 +0000

The CRA fails test on records management

Of all Canada's government departments, the Canada Revenue Agency has been the absolute worst at deleting records -- far after the time it is is supposed to dispose of records by law.

Help! My landlord is a tax dodger: Awkward times at the CRA

dmolenhuis — Thu, 19 May 2016 11:53:42 +0000

Help! My landlord is a tax dodger: Awkward times at the CRA

It turns out the CRA pays rent to a serial tax haven user for offices in Edmonton, Montreal and Calgary. Larco Investments hates taxes but loves the $74.3 million it gets from the feds in rent.

Canadian money flowing to tax havens at all-time high

dmolenhuis — Wed, 27 Apr 2016 16:07:02 +0000

Canadian money flowing to tax havens at all time high

In the span of a single year, CAD $40 billion flowed to the top 10 tax havens –- an all-time high. Tax havens now hold at least $270 billion of Canadian corporate money, mostly untaxed.

The Panama Papers: What's the story?

dmolenhuis — Tue, 05 Apr 2016 15:46:40 +0000

The Panama Papers: What's the story?

An anonymous source, 11 million leaked documents, and a year-long investigation effort by 400 journalists in over 80 countries have yielded the Panama Papers, an unprecedented look at tax havens.

Breathe easy bank presidents, budget didn't touch stock option loopholes

dmolenhuis — Wed, 23 Mar 2016 14:14:05 +0000

Breathe easy bank presidents, budget didn't touch stock option loopholes

The Liberal government has caved on the campaign promise to close the stock option loophole. Too bad, because it costs Canada $1 billion a year and Canadians definitely don't get their money's worth.

CRA dealmakers ignored advice from staff

dmolenhuis — Wed, 09 Mar 2016 14:36:35 +0000

CRA dealmakers ignored advice from staff

Their bosses didn't listen when CRA staff argued that they should pursue a criminal investigation or at least impose large penalties on KPMG clients caught using an offshore tax-avoidance scheme.

How 7 fair tax options could make a $50 billion difference

dmolenhuis — Mon, 22 Feb 2016 21:22:56 +0000

How 7 fair tax options could make a $50 billion difference

We've let the principles of fair taxation slide. Tax-dodging has become commonplace because of staff cuts and under-capacity at the CRA and not taking serious action to counter tax havens.

What do you do when 62 people own as much as the poorer half of humanity?

dmolenhuis — Mon, 25 Jan 2016 13:56:57 +0000

What do you do when 62 people own as much as the poorer half of humanity?

It is estimated that there is $199 billion of Canadian money offshore. It is likely much higher. That translates into at least $8 billion of lost tax revenue each and every year.

Google Canada please pay your taxes

dmolenhuis — Fri, 15 Jan 2016 15:37:20 +0000

Google Canada please pay your taxes

Justin Trudeau will be at the opening of the new Google development team headquarters. But will he take a moment to pull Google executives aside and ask them to pay their fair share of federal taxes?